MONTREAL, June 27, 2016 /CNW Telbec/ - SNC-Lavalin
(TSX: SNC) is pleased to announce that its joint venture (JV) with
Aecon Group has been awarded two multimillion-dollar contracts by
Ontario Power Generation (OPG) for nuclear services at the
Darlington Nuclear Generating Station in Ontario, Canada.
The first contract, valued at $265
million, is for the refurbishment of all four 935-megawatt
steam turbine generators at the station, along with overhauls of
the generators and moisture separator re-heaters, condenser repairs
and implementation of new controls systems. Under this contract,
the work is split 40% to SNC-Lavalin and 60% to Aecon. Work has
already begun and is forecast to be completed in 2025.
The second contract is for the engineering, procurement and
construction of the Retube Waste Processing Building. Valued at
$127 million, the work is split 50%
to SNC-Lavalin and 50% to Aecon and is expected to be complete in
2017.
"We are pleased to work closely with OPG to extend the life of
one of Canada's largest nuclear
generating stations," said Preston
Swafford, Chief Nuclear Officer & Executive
Vice-President, Nuclear, SNC-Lavalin. "Our nuclear capabilities
ensure that the Candu nuclear reactors will continue to provide
safe, reliable, affordable and CO2-free energy to Ontario for up to another 30 years."
In January 2016, the JV was
awarded a $2.75 billion contract to
carry out the execution phase of its Retube and Feeder Replacement
project for OPG's Darlington Nuclear Generating Station
Refurbishment Program.
About SNC-Lavalin
Founded in 1911,
SNC-Lavalin is one of the leading engineering and construction
groups in the world and a major player in the ownership of
infrastructure. From offices in over 50 countries, SNC-Lavalin's
employees are proud to build what matters. Our teams provide
engineering, procurement, construction, completions and
commissioning services together with a range of sustaining capital
services to clients in four industry sectors, oil and gas, mining
and metallurgy, infrastructure and power. SNC-Lavalin can also
combine these services with its financing and operations and
maintenance capabilities to provide complete end-to-end project
solutions. www.snclavalin.com
SOURCE SNC-Lavalin